Save student loan plan ends, leaving millions of US borrowers 90 days to find a new one

The Save student loan repayment plan ends today, requiring seven million American borrowers to choose new repayment options within ninety days. The Biden-era program, launched in two thousand twenty-three and designed to cut undergraduate loans in half, was ruled unconstitutional by federal court in March. The Trump administration, backed by the One Big Beautiful Bill Act, is moving forward with the termination. According to The Guardian, this marks a major shift in the U.S. student loan landscape as borrowers scramble to find new repayment terms.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton